Triple Point

Triple Point Ventures is a UK-based venture capital firm that provides high-conviction capital to early-stage B2B software businesses. The firm focuses on writing pre-seed and seed cheques ranging from £500k up to £3m. They are sector-agnostic within B2B software, investing in areas such as fintech, data, artificial intelligence, healthcare, vertical SaaS, energy, and cybersecurity. Triple Point Ventures emphasizes backing companies with clear vision, obsessive pursuit of change, and those built by domain experts with unique takes on evolving markets.

The firm is part of the broader Triple Point Group, which was founded in 2004. Triple Point Ventures itself began backing B2B businesses in 2017, with co-founders Ian McLennan and Seb Wallace playing key roles in establishing and managing the venture investment team. The firm prides itself on a deliberate, research-led approach to understanding the dynamics of every company they invest in, offering support that extends beyond just capital.

Triple Point Ventures boasts a diverse portfolio of companies. Notable investments include Paloma Health, a tech-enabled service provider for specialty care; Treefera, a forestry data company utilizing AI for forest volume and health indicators; Nory, which provides AI-enabled software for hospitality operations; Modo, a platform for market and asset performance data for energy storage; Scan.com, building infrastructure for diagnostic imaging; and Tuza, an SMB payment provider switching service. The firm also invested in Chalkie, an educational software company.

The team at Triple Point Ventures brings a wealth of experience across venture capital, infrastructure, global equity markets, and operational backgrounds. Key team members include co-founders Ian McLennan and Seb Wallace, who manage investment and portfolio teams. Claire Ainsworth chairs the investment committee, while Justin Hubble serves as General Counsel. Other team members like Jamie Tomalin and Sam Stone focus on early-stage investments across various tech sectors, and Ethan Mitchell heads portfolio operations, ensuring comprehensive support for their founders.